Gross capital formation in Spain
Spain: Gross capital formation was 21.4% in 2025. ▼ Falling
Gross capital formation in Spain, 1970–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross capital formation in Spain stood at 21.4%.
Compared with earlier readings it is up 1.1% on the previous year and up 10.5% over ten years.
Over the whole period, gross capital formation in Spain peaked at 31.8% in 1974 and was at its lowest, 17.4%, in 2013.
That places Spain 116th out of 186 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently falling across the 56 years of available data.
Gross capital formation in Spain, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 28.4% | — |
| 1971 | 26.1% | -8.1% |
| 1972 | 27.3% | +4.8% |
| 1973 | 28.7% | +5.1% |
| 1974 | 31.8% | +11.0% |
| 1975 | 30.1% | -5.5% |
| 1976 | 28.4% | -5.6% |
| 1977 | 26.4% | -7.2% |
| 1978 | 24.2% | -8.3% |
| 1979 | 23.6% | -2.5% |
| 1980 | 24.4% | +3.4% |
| 1981 | 22.7% | -6.8% |
| 1982 | 22.6% | -0.5% |
| 1983 | 21.7% | -3.8% |
| 1984 | 20.6% | -5.2% |
| 1985 | 20.8% | +1.1% |
| 1986 | 21.7% | +4.4% |
| 1987 | 23.2% | +6.6% |
| 1988 | 25.3% | +9.4% |
| 1989 | 26.7% | +5.2% |
| 1990 | 26.8% | +0.6% |
| 1991 | 26.0% | -3.1% |
| 1992 | 24.1% | -7.5% |
| 1993 | 21.5% | -10.8% |
| 1994 | 21.7% | +0.9% |
| 1995 | 22.5% | +4.0% |
| 1996 | 22.2% | -1.3% |
| 1997 | 22.6% | +1.7% |
| 1998 | 23.9% | +5.8% |
| 1999 | 25.5% | +6.7% |
| 2000 | 26.7% | +4.4% |
| 2001 | 26.5% | -0.7% |
| 2002 | 26.7% | +0.8% |
| 2003 | 27.5% | +3.1% |
| 2004 | 28.3% | +2.8% |
| 2005 | 29.4% | +3.9% |
| 2006 | 30.6% | +4.0% |
| 2007 | 30.5% | -0.4% |
| 2008 | 28.5% | -6.5% |
| 2009 | 23.4% | -18.0% |
| 2010 | 22.4% | -4.1% |
| 2011 | 20.7% | -7.5% |
| 2012 | 18.6% | -10.2% |
| 2013 | 17.4% | -6.4% |
| 2014 | 18.1% | +4.2% |
| 2015 | 19.4% | +6.8% |
| 2016 | 19.1% | -1.6% |
| 2017 | 19.6% | +2.6% |
| 2018 | 20.7% | +5.8% |
| 2019 | 20.9% | +1.0% |
| 2020 | 20.6% | -1.3% |
| 2021 | 21.9% | +6.0% |
| 2022 | 22.7% | +3.7% |
| 2023 | 21.1% | -6.9% |
| 2024 | 21.2% | +0.2% |
| 2025 | 21.4% | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.5% | 23.6% | 31.8% | 10 |
| 1980s | 23.0% | 20.6% | 26.7% | 10 |
| 1990s | 23.7% | 21.5% | 26.8% | 10 |
| 2000s | 27.8% | 23.4% | 30.6% | 10 |
| 2010s | 19.7% | 17.4% | 22.4% | 10 |
| 2020s | 21.5% | 20.6% | 22.7% | 6 |
Countries ranked near Spain
More economy & growth data for Spain
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.77 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.62 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 3,174 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 11.17 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1958 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 7,561 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 6.48 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 0.1732 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 6,692 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 3.26 % change on previous year (2025)
Frequently asked questions
- What is gross capital formation in Spain?
- Gross capital formation in Spain was 21.4% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Spain?
- The highest recorded value was 31.8% in 1974.
- What is the lowest gross capital formation recorded in Spain?
- The lowest recorded value was 17.4% in 2013.
- How does Spain rank for gross capital formation?
- Spain ranks 116th out of 186 countries with data for 2025.
- Is gross capital formation rising or falling in Spain?
- Over the last ten years it is up 10.5%. The long-run trend across the full record is falling.
- Where does this Spain data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Gross capital formation (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.